Insider trading: law, ethics, and reform

Acknowledgments

Introduction

Part I. Law 1. Early Development of Insider Trading Law in the United States 2. Federal Regulation and the Modern Era 3. The Problem of Vagueness in the Law 4. Injustice, Incoherence and Irrationality: Time for Regime Change 5. The Global Experience

Part II. Ethics 6. From Cicero to Laidlaw: Two Thousand Years of Debate over the Propriety of Information Asymmetries 7. The Efficient, the Right, the Good, and Legal Reform 8. The Economics of Insider Trading 9. Is Insider Trading Morally Wrong? 10. Greed, Envy, and Insider Trading

Part III. Reform

11. The Path Forward: An Outline for Reform.